<ARTICLE> 5 <CIK> 0000909992 <NAME> THE BEARD COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1997 <CASH> 729 <SECURITIES> 0 <RECEIVABLES> 3,049 <ALLOWANCES> (62) <INVENTORY> 671 <CURRENT-ASSETS> 4,774 <PP&E> 18,233 <DEPRECIATION> (9,072) <TOTAL-ASSETS> 16,402 <CURRENT-LIABILITIES> 3,443 <BONDS> 0 <PREFERRED-MANDATORY> 1,200 <PREFERRED> 0 <COMMON> 3 <OTHER-SE> 8,260 <TOTAL-LIABILITY-AND-EQUITY> 16,402 <SALES> 378 <TOTAL-REVENUES> 4,495 <CGS> 0 <TOTAL-COSTS> 5,488 <OTHER-EXPENSES> (176) <LOSS-PROVISION> 112 <INTEREST-EXPENSE> 198 <INCOME-PRETAX> (1,036) <INCOME-TAX> 45 <INCOME-CONTINUING> 45 <DISCONTINUED> 632 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (449) <EPS-PRIMARY> (0.16) <EPS-DILUTED> (0.16)